Thursday, February 6, 2025

Deal boom

Apartment deals, mergers and acquisitions

Legacy Ontario

Legacy Partners and DWS Break Ground on 346-Residence Apartment Community Legacy Ontario in California

Legacy Partners (“Legacy”), a privately held national real estate firm, partnered with DWS Group (“DWS”), a leading global asset manager, to announce the start of construction for a 346-unit residence apartment community to be...
Palmetto Cay Site Plan

Parkland Residential Announces New BTR Townhome Community Palmetto Cay Near Savannah

Parkland Residential, the build-to-rent (BTR) division of Parkland Communities, announces that land development has started at Palmetto Cay, a new build-to-rent (BTR) townhome community located within the Providence at Pooler, a master development on...
Alexan Fitzroy

Berkadia Arranges Sale of Arlington Multifamily Property Alexan Fitzroy to Pembroke

Berkadia announced the sale of Alexan Fitzroy, a 267-unit multifamily high-rise property located in Arlington, Virginia. Senior Managing Director Brian Crivella and Senior Directors Bill Gribbin and Yalda Ghamarian of Berkadia DC Metro completed the...
San Fernando Valley

Marcus & Millichap Brokers $85M San Fernando Valley Multifamily Portfolio Sale

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the all-cash sale of a 596-unit, 16-parcel multifamily portfolio in the San Fernando Valley. “The...
K2 Apartments

JLL Facilitates $113.75M Loan for Georgetown Company’s High Rise Community K2 Apartments in Chicago

JLL Capital Markets announced that it has secured a $113.75 million agency loan for K2 Apartments, a 496-unit, Class-A, high-rise apartment community in Chicago, Illinois. JLL Capital Markets worked on behalf of the borrower, Georgetown...
Braham Meadows

JLL Orchestrates Sale of Braham Meadows and Sandy Pines Communities in Rural Minnesota

JLL Capital Markets announced that it has arranged the sale of two affordable housing communities in rural Minnesota, Braham Meadows in Braham and Sandy Pines in Sandstone, preserving essential affordable housing options. JLL represented the...
Baker Chocolate Factory

CBRE Arranges Sale of the Baker Chocolate Factory – A 133-Unit Apartment Community Located...

Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler announced the sale of the Baker Chocolate Factory, a 133-unit, apartment community located in Dorchester Lower Mills, Massachusetts. CBRE exclusively...
The Edison

JLL Arranged the Financing of the Development for the 378-Unit Luxury Apartment Complex The...

JLL Capital Markets announced that it has arranged the $133.3 million construction financing for The Edison, a 378-unit, mass timber, luxury apartment project in Milwaukee, Wisconsin. JLL worked on behalf of the borrower, Neutral, to...
Sweetwater at Buckingham

Institutional Property Advisors Closes Sale of Multifamily Asset Sweetwater at Buckingham in Suburban Dallas

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Sweetwater at Buckingham, a 312-unit multifamily asset in Richardson, Texas. “The property is a 1990s vintage value-add asset,” said Drew Kile,...
Woodside Terrace

Institutional Property Advisors Brokers Sale of Multifamily Asset Woodside Terrace in the San Gabriel...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Woodside Terrace, an 85-unit apartment property in Alhambra, California. Woodside Terrace represents the second largest asset sold in Alhambra in the...
Los Arboles

Institutional Property Advisors Closes Los Angeles County Multifamily Asset Sale of Los Arboles

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Los Arboles, a 158-unit multifamily asset in Artesia, California. “New ownership has the opportunity to reposition Los Arboles over the next...
Maison Boulevard

Dominium Acquires Land for Maison at Solvita Marketplace to Develop 396 Affordable Apartment Homes...

Dominium, a leading affordable housing owner, developer, and manager, announced that it has acquired land at 375 Maison Boulevard in Kissimmee, Florida, for the development of Maison at Solvita Marketplace. Once completed, Maison at Solvita...
Beazer

Shopoff Realty Investments Sells 9.25-Acre Lot, Entitled for 48 Townhomes to Beazer Homes

Shopoff Realty Investments (“Shopoff”), a national manager of opportunistic and value-add real estate investments, has sold a 9.25-acre former parking lot to Beazer Homes for $9.8 million. Located in the Midtown submarket of Sacramento, the...
Village Apartments

JLL Secures the Sale of Vintage Village Apartments Community in Forest Lake Minnesota

JLL Capital Markets announced that it has arranged the $24.5 million sale of Village Apartments, a 252-unit multifamily community in Forest Lake, Minnesota. Situated at 407 11th Avenue SW, Village Apartments offers its residents the...
Fountains of Jupiter

Marcus & Millichap Arranges Sale and Financing of 108-Unit Fountains of Jupiter Apartment Complex...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale and financing of Fountains of Jupiter Apartments, a 108-unit apartment property built...
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